---
title: "Victoria Enterprises Ltd (506103) — Share Price, Financials & Analysis"
symbol: "506103"
company: "Victoria Enterprises Ltd"
canonical: "https://tapetide.com/stocks/506103"
isin: "INE082E01012"
bse_code: "506103"
sector: "Financial Services"
industry: "Finance"
generated_at: "2026-09-13T18:24:13.058Z"
---

# Victoria Enterprises Ltd (506103)

Canonical page: https://tapetide.com/stocks/506103

## Company

- **BSE Code:** 506103
- **ISIN:** INE082E01012
- **Sector:** Financial Services
- **Industry:** Finance
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2007-10-25
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** pittiegroup.com

## About

Victoria Enterprises is engaged in the business of real estate development. The Company is also in the process to acquire some more real estate development projects.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -96% | 88% | 42% |
| revenue growth | -36% | — | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 11.25 | 0 | 0 | 0 | 40.61 | 42.72 | 0 | 0 | 53.65 | 0 | 0 | 0 |
| Expenses | 9.47 | 0.76 | 0.19 | 0.18 | 9.71 | 9.75 | 0.22 | 0.36 | 11.46 | 8.2 | 14.98 | 0.33 |
| Operating Profit | 1.78 | -0.76 | -0.19 | -0.18 | 30.9 | 32.97 | -0.22 | -0.36 | 42.19 | -8.2 | -14.98 | -0.33 |
| OPM % | 15.82 | — | — | — | 76.09 | 77.18 | — | — | 78.64 | — | — | — |
| Other Income | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | -47.32 | 0.01 | 0.01 | 0.01 | -9.66 | 0.02 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.43 | 0 | 0 | 0 |
| Depreciation | 0.06 | 0.06 | 0.24 | 0.05 | 0.05 | 0.06 | 0.06 | 0.05 | 0.05 | 0.15 | 0.15 | 0.16 |
| Profit before tax | 1.74 | -0.81 | -0.42 | -0.22 | 30.86 | -14.41 | -0.27 | -0.4 | 26.72 | -18.01 | -15.11 | -0.49 |
| Tax % | 1.72 | 3.7 | 114.29 | -4.55 | 17.79 | -2.43 | -448.15 | -2.5 | 25 | -0.11 | -39.51 | -2.04 |
| Net Profit | 1.72 | -0.84 | -0.89 | -0.21 | 25.37 | -14.06 | 0.94 | -0.39 | 20.03 | -17.99 | -9.14 | -0.47 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 5.46 | -0.02 | -0.01 | 0 | 11.25 | 83.33 | 53.65 | 53.65 |
| Expenses | 0.09 | 0.05 | 5.12 | 0.11 | 0.1 | 0.14 | 10.46 | 19.88 | 35.9 | 34.97 |
| Operating Profit | -0.09 | -0.05 | 0.34 | -0.13 | -0.11 | -0.14 | 0.79 | 63.45 | 17.75 | 18.68 |
| OPM % | — | — | 6.23 | — | — | — | 7.02 | 76.14 | 33.08 | 34.82 |
| Other Income | 0 | 0.01 | 0.02 | 0.03 | 0.01 | 0.01 | 0.06 | 0.06 | 0.07 | -9.63 |
| Interest | 0.65 | 0.05 | 0.02 | 0.02 | 0 | 0 | 0 | 47.33 | 15.44 | 15.43 |
| Depreciation | 0 | 0 | 0.28 | 0.32 | 0.28 | 0.26 | 0.24 | 0.22 | 0.4 | 0.51 |
| Profit before tax | -0.74 | -0.09 | 0.06 | -0.44 | -0.38 | -0.39 | 0.61 | 15.96 | 1.98 | -6.89 |
| Tax % | -4.05 | 233.33 | 100 | -25 | -31.58 | -25.64 | 91.8 | 24.56 | 34.85 | — |
| Net Profit | -0.72 | -0.31 | 0 | -0.33 | -0.25 | -0.28 | 0.06 | 12.04 | 1.29 | -7.57 |
| Dividend Payout % | 0 | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
| Reserves | -2.72 | -3.44 | -3.75 | -3.74 | -4.08 | -4.33 | -4.61 | -4.56 | 7.49 | -0.89 |
| Borrowings | 17.55 | 26.81 | 38.05 | 48.17 | 50.51 | 49.59 | 46.74 | 58.12 | 65.12 | 79.37 |
| Other Liabilities | 89.77 | 89.9 | 88.13 | 83.36 | 82.98 | 84.09 | 94.75 | 80.65 | 50.89 | 8.94 |
| Total Liabilities | 105.1 | 113.77 | 122.93 | 128.29 | 129.91 | 129.85 | 137.38 | 134.71 | 124 | 87.92 |
| Fixed Assets | 0.08 | 0.05 | 0.04 | 5.01 | 4.66 | 4.39 | 4.18 | 3.95 | 3.77 | 5.26 |
| CWIP | 5.23 | 5.23 | 5.23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 99.79 | 108.49 | 117.66 | 123.28 | 125.25 | 125.46 | 133.2 | 130.76 | 120.23 | 82.66 |
| Total Assets | 105.1 | 113.77 | 122.93 | 128.29 | 129.91 | 129.85 | 137.38 | 134.71 | 124 | 87.92 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.3 | -14.36 | -13.66 | -3.43 | -1.71 | -0.62 | 3.64 | -60.44 | 40.39 | 12.01 |
| Cash from Investing Activity | -0.31 | 5.85 | 2.56 | -6.67 | -0.62 | 1.52 | -0.77 | -4.71 | -0.02 | -1.88 |
| Cash from Financing Activity | 0 | 8.61 | 11.19 | 10.12 | 2.34 | -0.92 | -2.85 | 65.4 | -40.33 | -9.41 |
| Net Cash Flow | -0.02 | 0.1 | 0.09 | 0.02 | 0.01 | -0.01 | 0.02 | 0.25 | 0.05 | 0.72 |
| Free Cash Flow | 0.3 | -14.36 | -13.66 | -3.45 | -1.66 | -0.62 | 3.59 | -64.63 | 40.35 | 10.11 |
| CFO/OP | -600 | 15956 | 27320 | -1009 | 1315 | 564 | -2600 | -7268 | 65 | 71 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | — | 0 | 0 | 0 | — | 0 | 0 | 0 |
| Inventory Days | — | — | — | — | — | — | — | 16710.16 | 4128.49 | 799.17 |
| Days Payable | — | — | — | — | — | — | — | 79.84 | 11.89 | 0.34 |
| Cash Conversion Cycle | — | — | — | 0 | 0 | 0 | — | 16630.31 | 4116.6 | 798.83 |
| Working Capital Days | — | — | — | 2474.11 | 716677.5 | 1397220 | — | 1521.64 | 291.85 | 430.24 |
| ROCE % | -0.36 | -0.46 | -0.14 | 0.2 | -0.96 | -0.82 | -0.88 | 1.26 | 99.54 | 22.91 |

## Shareholding Pattern

### annual

| Category | Dec 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% |
| Public | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% |
| No. of Shareholders | 53 | 53 | 53 | 53 | 53 | 53 | 53 | 53 | 53 | 53 | 53 | 53 |

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% | 74.3% |
| Public | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% | 25.7% |
| No. of Shareholders | 53 | 53 | 53 | 48 | 53 | 48 | 53 | 53 | 53 | 53 | 53 | 53 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 3 / 7 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 155.34 | Sell |
| EMA (10) | 154.21 | Buy |
| SMA (20) | 154.77 | Sell |
| EMA (20) | 154.36 | Buy |
| SMA (50) | 156 | Sell |
| EMA (50) | 156.73 | Sell |
| SMA (100) | 164.61 | Sell |
| EMA (100) | 160.45 | Sell |
| SMA (200) | 166.09 | Sell |
| EMA (200) | 164.16 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 49.8 | Neutral |
| MACD (12,26,9) | -0.32 | Sell |
| Stochastic (14,3,3) | 39.17 | Neutral |
| ADX (14) | 13.52 | Neutral |
| Williams %R (14) | -49.24 | Neutral |
| ATR (14) | 4.97 | High Volatility |
| ROC (12) | 1.88 | Buy |
| Stoch RSI (14) | 44.54 | Neutral |
| UO (7,14,28) | 50.73 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8a425565-d7c9-435e-9b55-ebb6efb90e6a.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b709ce9b-283b-441b-b10e-42c63125cd9d.pdf) |
| 2026-08-13 | [Integrated Filing Standalone For The First Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=683e4425-516a-45d5-b9a4-24c1cf98dcb2.pdf) |
| 2026-08-06 | [Board Meeting Intimation for INTIMATION OF THE BOARD MEETING PURSUANT TO REGULATION 29 OF SEBI (LODR) REGULATIONS 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5deebd44-00d6-4259-b1e4-a0f47fa80c19.pdf) |
| 2026-07-16 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5dd3dbc6-3067-47a3-82cc-416b745ecb29.pdf) |
| 2026-06-30 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0685e631-48f9-42d7-a9e4-872d40a8b59d.pdf) |
| 2026-06-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d0fcf3be-7922-4064-86b8-71d46be0e54d.pdf) |
| 2026-05-30 | [Board Meeting Outcome for Board Meeting Outcome For Submission Of Outcomes Of The Board Meeting Held On Saturday May 30 2026 At 05:30 P.M.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9116ff91-e022-4c79-8edb-335d8f35c773.pdf) |
| 2026-05-30 | [Submission Of Audited Financial Results For The Quarter/Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3777f7a-30dc-4cff-bc16-593b5da3dd75.pdf) |
| 2026-05-26 | [Board Meeting Intimation for Board Meeting Intimation For Approval Of Audited Standalone Financial Results/Statements Of The Company For The Quarter/Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c3f1d03-be27-448d-8786-c4b1e327f5dc.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Feb - Approved Q3/9M unaudited results; approved sale of Moodscope AI (≤Rs.10 lakh), completion by 30 Sep 2026. | [Board Meeting Outcome for Outcome Of The 04H Meeting Of FY 2025-26 Of The Company Of Financial Year 2025-2026 Held On Saturday, The 07Th February 2026 7 Feb - Approved Q3/9M unaudited results; approved sale of Moodscope AI (≤Rs.10 lakh), completion by 30 Sep 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/82511c47-154b-45f9-81d6-6b65a2c3cb76.pdf) |
| 21 Jan - Certificate under Regulation 74(5) for quarter ended 31 Dec 2025 from Registrar Computech Sharecap. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 21 Jan - Certificate under Regulation 74(5) for quarter ended 31 Dec 2025 from Registrar Computech Sharecap.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9d1907e5-8107-40da-96e6-35761269eb4d.pdf) |
| 20 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 20 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a3f52aa-e414-4da7-ac67-2b2c5015eca2.pdf) |
| 2 Feb - Board meeting on 07-Feb-2026 to approve unaudited Q3 and 9M results for period ended 31-Dec-2025; trading window closed. | [Board Meeting Intimation for To Consider, Discuss And Approve The Un-Audited Financial Results (Standalone And Consolidated) Of The Company For The 3Rd Quarter And Nine Months Ended 31St December, 2025 2 Feb - Board meeting on 07-Feb-2026 to approve unaudited Q3 and 9M results for period ended 31-Dec-2025; trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/883c4373-2116-439d-b9e1-8a13a42c8c72.pdf) |
| 16 Feb - Submission of Newspaper Publication of Extract of Unaudited standalone financial Result of the company for the Quarter/ Nine months ended on December 31, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Feb - Submission of Newspaper Publication of Extract of Unaudited standalone financial Result of the company for the Quarter/ Nine months ended on December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5460cf52-2cb4-41ef-b240-809262579cd2.pdf) |
| 13 Feb - Approved standalone unaudited financial results for quarter and nine months ended Dec 31, 2025. | [Board Meeting Outcome for Board Meeting Outcome For Outcomes Of The Board Meeting For Approval Of Standalone Un-Audited Financial Results Of The Company For The Quarter/Nine Months Ended On December 31, 2025 13 Feb - Approved standalone unaudited financial results for quarter and nine months ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/13e99b50-da18-44bf-8ed6-973f0f1bf308.pdf) |
| 12h - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12h - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7a3f52aa-e414-4da7-ac67-2b2c5015eca2.pdf) |
| 10 Jan - Certificate under Reg 74(5) of SEBI (DP) Regulations 2018 for the Quarter ended 31st December 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Jan - Certificate under Reg 74(5) of SEBI (DP) Regulations 2018 for the Quarter ended 31st December 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bae883d2-35e1-47ef-bccd-67f32594b800.pdf) |
| 10 Feb - Company Secretary name changed to Mrs. Harsha Santosh Kalangiwale, effective 10-02-2026. | [Intimation Of Change In Name Of Key Managerial Personnel Under Regulation 30 Of SEBI (LODR) Regulations, 2015 10 Feb - Company Secretary name changed to Mrs. Harsha Santosh Kalangiwale, effective 10-02-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8905304-e9c3-4ccb-b780-486a1ff6d90b.pdf) |
| 10 Feb - Board meeting Feb 13, 2026 to approve standalone unaudited results for quarter/nine months ended Dec 31, 2025. | [Board Meeting Intimation for Board Meeting Intimation For Approval Of Un-Audited Standalone Financial Results Of The Company For The Quarter/ Nine Months Ended December 3, 2025 10 Feb - Board meeting Feb 13, 2026 to approve standalone unaudited results for quarter/nine months ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2e265337-eb7e-465c-b274-40482e726b03.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/905c2464-ca2a-446c-b2e3-0acde67a4727.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cff8fc5f-8a28-4a02-aaf0-80828ef98a8a.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/506103/70973506103.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/506103/66776506103.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/506103/5061030319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/506103/5061030318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/506103/5061030317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/506103/5061030316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/506103/5061030315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/506103/5061030314.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:24:13.058Z.